Red Fort Capital in talks with 6 developers for Rs 4,000 crore projects across India
LIC Housing Finance plans to launch a Rs 500 crore real estate fund by the end of this fiscal year. They are seeking a banking partner and will approach SEBI for approval.
Maytas Properties launches IT/ITES SEZ, Maytas Hill County, with 8 million sqft built-up area, and plans two more SEZs in Hyderabad.
Parsvnath, Sabeer Bhatia partner for Rs 50,000-crore knowledge city in Haryana
NBCC, a Government of India undertaking, is in final-stage talks to develop real estate in Dubai and Saudi Arabia. This marks the first time an Indian government entity would develop realty projects abroad.
Mahindra & Mahindra slows down its Rs 4,000 crore World City project in West Bengal, focusing on its IT SEZ and exploring tourism opportunities.
DLF to set up Rs 800cr VC fund for construction, equipment management
Eredene Capital acquires 50% stake in Apeejay Infra-Logistics for Rs 42 crore to develop a logistics park in Haldia, West Bengal.
Starwood Hotels plans to expand Aloft brand in India across Chennai, Bangalore, Pune, and Ahmedabad starting 2009.
Mysore Urban Development Authority offers farmers 18% of their land back after development, but doubts remain about the deal's appeal amidst soaring property prices and competing private developers.
ETA Star plans $400 million fund via Islamic bonds to develop 120 million square feet in India and expand into other Asian markets.
DLF and Jaypee secure large land parcels near Greater Noida through Taj Expressway Industrial Development Authority's scheme
Orbit Corp Ltd anticipates adding 8-10 billion rupees worth of projects in 2008/09, driven by redevelopment demand in South Mumbai. The developer forecasts 25% revenue growth despite a market slowdown.
DIAL's plan for a 45-acre hospitality district faces a hurdle as AAI refuses to contribute its share of the Rs 1,000 crore funding, impacting the project's progress and Delhi's hotel room supply.
PS Group develops $80.4 million IT park in Sri Lanka through international joint venture with technology institute
aAIM India has announced its significant investment in a 7 million sq. ft. mixed-use project in Nagpur, marking a key FDI under India's Special Township Policy.
Alok Industries is in talks to sell a 20% equity stake in its unit, Alok Infrastructure, to private equity firms, aiming to raise Rs 600 crore for development.
State-owned pharmaceutical companies are shifting focus to real estate development, leveraging their land holdings to build commercial complexes and IT parks. This move aims to generate revenue and meet social objectives without government assistance.
Godrej Properties has filed for an IPO with SEBI, proposing to offer approximately 9.4 million equity shares to support its real estate development plans.
Khaleeji Commercial Bank's Danat India Investment Company raises $163.5m for Indian real estate project
New airports in India will become business hubs with office, hospitality, and retail spaces, boosting real estate and attracting MNCs.
Landmark Group to invest ₹4,000cr in 12 North India properties over 3-4 years
Sigrun is negotiating a substantial deal with an Israeli company, focusing on residential real estate and exploring international cooperation opportunities.
Phoenix Mills is poised to finalize the acquisition of three plots for mall developments in Ahmedabad, Hyderabad, and Nashik for approximately eight billion rupees.
Deepika Padukone becomes brand ambassador for Dubai-based Aspire Real Estate, highlighting investment opportunities.